Nonprofit · EIN 04-3525049
NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC
Tax-exempt · LAFAYETTE HILL, PA 19444
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $82,641 | $68,820 | $13,821 | $86,640 | $0 | $86,640 |
| December 31, 2023 | 990 | $137,173 | $174,710 | -$37,537 | $83,555 | $10,737 | $72,818 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $82,601
- Investment income
- $0
- Other revenue
- $40
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,031
- Depreciation
- $9,384
Balance sheet and other
- Total assets, start of year
- $83,555
- Total assets, end of year
- $86,640
- Total liabilities, end of year
- $0
- Net assets, end of year
- $86,640
- Land, buildings and equipment
- $36,182
- Gross unrelated business income
- $2,394
- Gross receipts
- $82,641
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2000
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PIERRE CROSBY | PRESIDENT AND FLEET CAPTAI Trustee or director, Officer | 10 | $0 |
| PETER ERNST | TREASURER Trustee or director, Officer | 4 | $0 |
| MATT FREMONT-SMITH | CHIEF DEVELOPMENT OFFICER Trustee or director, Officer | 4 | $0 |
| PETER MCCAUSLAND | SECRETARY Trustee or director, Officer | 2 | $0 |
| ROY WEEDON | BOARD MEMBER Trustee or director | 0 | $0 |
| GEOFFREY VERNEY | BOARD MEMBER Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PIERRE CROSBY | PRESIDENT AND FLEET CAPTAI Trustee or director, Officer | 10 | $0 |
| PETER ERNST | TREASURER Trustee or director, Officer | 4 | $0 |
| MATT FREMONT-SMITH | CHIEF DEVELOPMENT OFFICER Trustee or director, Officer | 4 | $0 |
| PETER MCCAUSLAND | SECRETARY Trustee or director, Officer | 2 | $0 |
| ROY WEEDON | BOARD MEMBER Trustee or director | 0 | $0 |
| GEOFFREY VERNEY | BOARD MEMBER Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 5051 FLOURTOWN ROAD 900, LAFAYETTE HILL, PA 19444-1009
- In care of
- % RICHARD SYKES
- Principal officer (990 for 2024)
- PETER ERNST, 5051 FLOURTOWN ROAD BUILDING 900, LAFAYETTE HILL, PA 19444
- Signed the 990
- PETER ERNST, TREASURER
- Phone
- (215) 948-3245
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
TO MAINTAIN A FLEET OF IDENTICAL SAILBOATS FOR THE PROMOTION OF RACING IN THE NANTUCKET COMMUNITY AND FOR PROMOTING INTERACTION WITH OTHER FLEETS. IN AN EFFORT TO KEEP ALL BOATS AS EQUAL AS POSSIBLE, THEY SHALL BE MAINTAINED AND TUNED IN A LIKE MANNER, THUS FOCUSING THE COMPETITION ON THE SKILLS OF HELMSPERSON AND CREW.
Program accomplishments
- FLEET MAINTENANCE AND RACING.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3525049
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $86,640
- Income (IRS master file)
- $82,641
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $82,641 | $68,820 | $86,640 | IRS |
| 990 | December 2023 | $137,173 | $174,710 | $83,555 | XML |
| 990 | December 2022 | $207,350 | $164,179 | $140,135 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3525049).
Questions about NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC
- What is the EIN of NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC?
- The employer identification number (EIN) of NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC is 04-3525049.
- Is NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2001.
- Are donations to NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names PETER ERNST.
- Who are the officers and directors of NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $82,641, expenses of $68,820 and total assets of $86,640 at year end.
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